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Use the marginal tax rates in the table below to compute the tax owed in the following situation. Paul is a head of household with
Use the marginal tax rates in the table below to compute the tax owed in the following situation.
Paul is a head of household with a taxable income of
$90,000.
He is entitled to
a
$5000
tax credit.
Tax RateHead of Household10% up to $13,35015% up to $50,80025% up to $131,20028% up to $212,50033% up to $416,70035% up to $444,55039.6% above $444,550Standard deduction $9350Exemption
(per person)
$4050...
Question content area right
Part 1
The tax owed is
$enter your response here.
(Type an integer or a decimal.)
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